neeb??

Global Subprime Fallout From Lehman, Fannie/Freddie [Housing Tracker]

Aside from a few added(?) notes (could we play this without some of those extra CDO tranches maybe?) I think this piece should get recorded...

Bill Ackman's Letter to Paulson On Restructuring Plan

something about accumulation of wealth i guess...

Today's Action: Crude Crushes the Dollar; Financials Threaten

The commentary makes alot of sense considering all the goings on of late.

Financials and Housing: The Outlook Remains Ugly

Jackeast makes good sense in this case. The only problem is that we also need to instill a healthy level of fiscal responsibility in the borrower.
All financial agencies, including the alledgedly more objective rating agencies fell over themselves hence proving---Human, all too Human.

As Mortgage Securities Disappear, What Will Replace Them? [Housing Tracker]

Above may be true in smaller centers but the more trendier districts nearer the big cities are the ones that everyone seems to be living in fear of... Oh, BTW do not be alarmed at some of the numbers Freddie Mac has for its own valuation. It seems to be essentially Zilch....

Will the Bear Market Rear Its Head This Week?

If it goes anywhere near the 5,000 mark It may just be because we overreacted the other way. But then again, emotion trumps reason in times like these so maybe Mark might be right on some of this. Can't see 4,000 though.

This Recession Will Be Neither Short Nor Shallow

Mr. Shedlock, not to put words in your mouth but I can sense where this is heading. A global depression I can easily see. A few weeks ago I thought bottom would be in the fall of 2009, now I'm suspecting --if there even IS a bottom -- maybe 2016?

Corporate Fraud + Government Intervention = Bailout Nation

When an entire generation,or two, have no end in feel good courses and NOTHING in terms of even homebudgeting material to learn from,don't jump on the blame wagon. What is needed are real teachers to stand up and teach NUMERACY as well as common sense so that this kind of Slimebuggery does't have quite the same effect.

How Should The Federal Government Help Homeowners? [Housing Tracker]

At one time homes were bought to raise a family in. The only time you even put up with a partial mortgage was illness. Now it's used for everything but...

Is the U.S. Banking System Safe?

Don't be too fast with any puts. I'd wait until maybe next year to see where this is going.Great article. Lots of data and yes, a fair degreee of fear mongering but... maybe it's needed. In hte case of the bank insolvancy issue , do we see any bottom this decade or 2015?